Insider Selling: Samsara (NYSE:IOT) Insider Sells 116,486 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 116,486 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $31.80, for a total transaction of $3,704,254.80. Following the transaction, the insider owned 203,500 shares in the company, valued at approximately $6,471,300. The trade was a 36.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Bicket also recently made the following trade(s):

• On Thursday, April 2nd, John Bicket sold 10,009 shares of Samsara stock. The stock was sold at an average price of $30.96, for a total transaction of $309,878.64.
• On Tuesday, March 31st, John Bicket sold 137,405 shares of Samsara stock. The shares were sold at an average price of $31.44, for a total transaction of $4,320,013.20.
• On Tuesday, February 17th, John Bicket sold 263,900 shares of Samsara stock. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00.
• On Wednesday, February 4th, John Bicket sold 208,536 shares of Samsara stock. The stock was sold at an average price of $25.20, for a total transaction of $5,255,107.20.
• On Tuesday, February 3rd, John Bicket sold 55,364 shares of Samsara stock. The shares were sold at an average price of $25.23, for a total transaction of $1,396,833.72.
• On Tuesday, January 20th, John Bicket sold 263,900 shares of Samsara stock. The shares were sold at an average price of $32.43, for a total transaction of $8,558,277.00.
• On Tuesday, January 6th, John Bicket sold 263,900 shares of Samsara stock. The stock was sold at an average price of $34.40, for a total value of $9,078,160.00.

Samsara Stock Performance

Shares of IOT traded up $0.37 during trading hours on Thursday, hitting $32.21. The stock had a trading volume of 3,901,725 shares, compared to its average volume of 8,431,085. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40. The firm has a market cap of $18.70 billion, a P/E ratio of -1,609.45, a P/E/G ratio of 11.62 and a beta of 1.49. The company’s fifty day simple moving average is $29.63 and its 200 day simple moving average is $35.03.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to the consensus estimate of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, sell-side analysts predict that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Samsara

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC purchased a new stake in shares of Samsara during the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd boosted its holdings in Samsara by 312.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the last quarter. Versant Capital Management Inc grew its stake in Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after purchasing an additional 851 shares in the last quarter. AlphaCentric Advisors LLC acquired a new stake in Samsara during the 4th quarter valued at approximately $36,000. Finally, Optiver Holding B.V. increased its holdings in Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after purchasing an additional 1,058 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on IOT. UBS Group reissued a “buy” rating and set a $48.00 target price on shares of Samsara in a research report on Friday, March 6th. BMO Capital Markets boosted their price objective on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. TD Cowen reissued a “buy” rating on shares of Samsara in a research report on Monday, March 2nd. Piper Sandler reissued an “overweight” rating and issued a $39.00 target price (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. Finally, BTIG Research reduced their target price on shares of Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.18.

About Samsara

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.